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by sek 5387 days ago
AOL is the best example and they are in the same market. IBM, Apple without Jobs and i think Microsoft's stock correlates also to these indicators.

The economic theory behind this is very good explained in this TED talk: http://www.ted.com/talks/malcolm_gladwell_on_spaghetti_sauce...

There are a lot of other examples of companies on their peak, acted defensive and then failed. I would count GM as another popular example, but the ones above are better when you compare them to Facebook.

1 comments

"Apple without Jobs" is already a data point for failed companies?
I think he meant 1985-1997 period.